According to the text, with regard to price, managers should

A. rarely have a choice in pricing.
B. should administer their prices.
C. follow a price leader's strategy.
D. consider only a single price dimension.
E. simply mark up their costs to determine pricing.


Answer: B

Business

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Consider Table 11.1. If one were to buy pounds for immediate delivery, on Tuesday the dollar cost of each pound would be



a. $0.7008.
b. $0.7037.
c. $1.4211.
d. $1.4270.

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The communication role of _______________ is one that usually represents two organizations and knows things that outsiders would not hear or understand (like rumors or gossip).

a. Interlocker b. Boundary spanner c. Environmentalist d. Representative

Business

Which three antecedent conditions have an impact on servant leadership?

A. context and culture, societal effect, follower receptivity B. follower receptivity, emotional healing, creating value for the community C. follower performance and growth, societal impact, behaving ethically D. context and culture, leader attributes, follower receptivity

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A basic element of most nonunion dispute resolution procedures is ____________________.

A. grievance arbitration B. due process C. an open door policy D. mediator involvement

Business